Knowledge Ridge

How To Build Credibility Of SaaS Solutions

How To Build Credibility Of SaaS Solutions

SaaS offers flexibility and cost efficiency but raises concerns on data security, continuity, and customization. Measures like source code escrow, VAPT audits, and backups help build trust and ensure reliable adoption.

February 8, 2022 2 min read IT
How To Build Credibility Of SaaS Solutions

The recent Freshworks listing on NASDAQ at USD 12 bn market cap has put SaaS firmly at center stage of India's global software expertise. Why then such an alarmist post?

Software as a service as we know is a cloud-based delivery model of software products. All you do is subscribe online, start using software and pay as per your usage. Sounds very exciting to CFOs who spent million on unused ERP and CRM licenses. Sounds even more exciting to operations who are freed from tyranny of IT department and can literally become masters of their tech fate.

But there is always a flip side. Here is conversation with one of our legacy customers, not keen to convert to SaaS.

His concerns were:

  • What if your company goes bankrupt- how will I get my data? Will you give me your source code?
  • What if your platform gets hacked and data is damaged? What if your server is locked by ransomware seekers? Who will pay?
  • As a SaaS - same technology is used by my competition- where is my uniqueness and advantage?
  • Will you make changes to SaaS platform as per my needs? Will you charge me for the same? In that…

Create an account to continue reading

Create Account

Already have an account? Sign in

Need an expert in this space?

Talk to an Industry Expert

Knowledge Ridge connects decision-makers with carefully vetted subject matter experts for one-on-one calls, research sprints, and advisory engagements — across 11 sectors and 163 sub-industries globally.


Comments

No comments yet. Be the first to comment!

Newsletter

Stay on top of the latest Expert Network Industry Tips, Trends and Best Practices through Knowledge Ridge Blog.

Our Core Services

Explore our key offerings designed to help businesses connect with the right experts and achieve impactful outcomes.

Expert Calls

Get first-hand insights via phone consultations from our global expert network.

Read more →

B2B Expert Surveys

Understand customer preferences through custom questionnaires.

Read more →

Expert Term Engagements

Hire experts to guide you on critical projects or assignments.

Read more →

Executive/Board Placements

Let us find the ideal strategic hire for your leadership needs.

Read more →